Wu, Ruilin (1952) 吳瑞林
Real Gold Mining (0246): more pledges revealed
Company announcement, 23-May-2013
Real Gold claims that the borrower, Huizhou Qiaoxing Telecom Industry Co, Ltd, is 90% owned by an "independent third party" and only 5.15% by Mr Wu Ruilin, Real Gold's substantial shareholder. But Qiaoxing Telecom was Mr Wu's original corded phone maker back in 1992 and was once owned by his US-listed firm, Qiao Xing Universal Resources Inc, which was deregistered by the SEC in 2012. Qiao Xing Telecom was sold to Dragon Fu Investment Ltd, purportedly an independent third party, on 30-Nov-2009. The announcement doesn't mention whether Wu Hong You is related to Wu Ruilin.
Company announcement, 23-May-2013
Real Gold claims that the borrower, Huizhou Qiaoxing Telecom Industry Co, Ltd, is 90% owned by an "independent third party" and only 5.15% by Mr Wu Ruilin, Real Gold's substantial shareholder. But Qiaoxing Telecom was Mr Wu's original corded phone maker back in 1992 and was once owned by his US-listed firm, Qiao Xing Universal Resources Inc, which was deregistered by the SEC in 2012. Qiao Xing Telecom was sold to Dragon Fu Investment Ltd, purportedly an independent third party, on 30-Nov-2009. The announcement doesn't mention whether Wu Hong You is related to Wu Ruilin.
Qiao Xing Universal Resources (XING) investigates funds transfer to Wu Ruilin
Company announcement, 20-Apr-2012
Company announcement, 20-Apr-2012
Real Gold: breach of Listing Rules - loans of HK$955m and acquisitions from controlling shareholder
Company announcement, 22-Aug-2011
This story just gets better and better. In 2011 Q1, the company advanced HK$449.2m to controlling shareholder Wu Ruilin for $520m purported acquisitions of Mongolian phosphorous mines which have not yet completed, and in Feb-Apr-2011, it lent Mr Wu $955m, of which $316m was outstanding at 30-Jun. No wonder Mr Wan, the newly-appointed INED, has quit - he must have been horrified.
Company announcement, 22-Aug-2011
This story just gets better and better. In 2011 Q1, the company advanced HK$449.2m to controlling shareholder Wu Ruilin for $520m purported acquisitions of Mongolian phosphorous mines which have not yet completed, and in Feb-Apr-2011, it lent Mr Wu $955m, of which $316m was outstanding at 30-Jun. No wonder Mr Wan, the newly-appointed INED, has quit - he must have been horrified.
Real Gold, XING, QXM and Prod-Art
What has Wu Ruilin, the controlling shareholder of Real Gold Mining, been up to? We take you through the latest shenanigans, worry about his overseas listings, and take a look at his past history in the HK market, which dates back to 1998. (20-Jun-2011)
What has Wu Ruilin, the controlling shareholder of Real Gold Mining, been up to? We take you through the latest shenanigans, worry about his overseas listings, and take a look at his past history in the HK market, which dates back to 1998. (20-Jun-2011)
Real Gold: our controlling shareholder pledged our assets for his private companies' borrowings
Company announcement, 20-Jun-2011
Company announcement, 20-Jun-2011
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy